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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 1 place · 02/20/2022 19:24 EDT

Is the PLI scheme bringing Ford back to India, but as an EV maker this time?

Last year, Ford Motor decided to pull the plug on local manufacturing in India after operating for 25 years. This week, the US automaker said it is considering returning but to produce electric vehicles instead, for export, and possibly for sale in the domestic market. Just last week, the company’s proposal to seek incentives under... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 02/20/2022 19:00 EDT

Is effective data governance a possibility for organizations today?

Data Governance is all about governing data in enterprise systems that are based on internal data standards and policies of data usage. All companies need to comply with data governance, but the problem today is there is just too much data to manage. Effective data governance normally ensures data is not misused. As such, regulators... Read more » Read more

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Tech Wire Asia
Rebecca Oi @ Tech Wire Asia 3 place · 02/20/2022 18:29 EDT

Spry debuts movement health self-assessment portal

Spry’s digital tool which uses artificial intelligence (AI) based technologies, will provide users with a comprehensive assessment of their mobility and flexibility More than 2.4 billion people worldwide live with a health condition that benefits from rehabilitation There is a severe shortage of providers, with only 2.1 million practitioners available to treat this massive population... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 1 place · 02/18/2022 02:45 EDT

Is backup and recovery enough for organizations to mitigate cybercrime?

To reduce cybercrime in Southeast Asia, collaboration and trust will be key to protecting communities, be it at home or the workplace. For Interpol, their role in cybercrime is to protect the communities and it can only be done if the intel is provided to them. This was the key highlight from Craig Jones, Interpol... Read more » Read more

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 1 place · 02/17/2022 20:00 EDT

Audi gets a greenlight for its US$3.3b EV Factory in China

The German luxury car brand has received approval for setting its US$3.3 billion EV joint venture with FAW in China. The construction work of the plant will start in April this year in Jilin province. This week, Audi joins the growing list of foreign automakers forming joint ventures with local companies in China as part... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 02/17/2022 19:30 EDT

DBS rolls out cybersecurity training for SMEs   

DBS will be availing a complimentary cybersecurity training program to help protect the 280,000-strong SME community Two in five crimes committed in Singapore in 2020 were related to cybercrime StarHub will provide participating SMEs with a complimentary two-month trial of their hardware-free, plug-and-play cybersecurity solution One of the biggest problems faced by organizations around the... Read more » Read more

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Tech Wire Asia
EY @ Tech Wire Asia 2 place · 02/17/2022 19:20 EDT

Can new regulations help you rebalance the risk and reward scales?

Authors: Richard Watson, EY Global and Asia-Pacific Cybersecurity Consulting Leader & Chee Kong Wong, EY Asia-Pacific Risk Consulting Leader A host of forces – technology, competition, regulation, and globalization – are driving immense and rapid change to the business landscape. In response, regulatory bodies are elevating their compliance requirements, and businesses are exposed in new... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 02/17/2022 19:15 EDT

Air Asia to revolutionize ride-sharing with air taxis?

Air taxis are becoming a huge phenomenon in Southeast Asia. Volocopter just announced plans to launch air taxi services in Singapore in 2024. Now, an airline company is partnering with an aircraft leasing company to transform the ride-sharing platform in the region. Leading airline group Air Asia is well known in the region for its... Read more » Read more

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Tech Wire Asia
Rebecca Oi @ Tech Wire Asia 1 place · 02/17/2022 01:00 EDT

Mobile Money Widely Used in Vietnam

Mobile Money will assist in promoting digital transformation in Vietnam According to the country’s Ministry of Information and Communications (MIC) data, 77,200 establishments have accepted the payment method nationwide 89.3% of retailers have positive assessments on non-cash payments, considering them a trend at present and in the future Vietnam has welcomed the new year with... Read more » Read more

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Tech Wire Asia
OutSystems @ Tech Wire Asia · 02/16/2022 22:21 EDT

The Cloud and Low-Code Solution: Modernizing Legacy Investments with OutSystems

Now you can deploy LoB professionals alongside DevOps for low-code development on AWS, for enterprise-grade, resilient & scalable applications and services. Read more

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Tech Wire Asia
Rebecca Oi @ Tech Wire Asia · 02/16/2022 22:15 EDT

India fintech investments lead in APAC

India led in the fintech investments in the Asia-Pacific region, with US$5.94 billion raised across 236 deals last year The country’s fintechs are expected to hit a valuation of US$150 to 160 billion by 2025 In 2022, India has already seen unicorns, with Mamaearth being the first, followed by Fractal Analytics, LEAD School, Darwinbox, DealShare,... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 02/16/2022 20:00 EDT

The thin line between privacy and personalization

Personalization is a key for businesses hoping to retain consumers today. However, to create a personalized experience, businesses will need to know their consumer habits. And the only way of doing that is by accessing their data. Most businesses are already relying on data-driven analytics and insights to make business decisions in their operations. From... Read more » Read more

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 02/16/2022 19:38 EDT

Metaverse in China will look different from the rest. Here’s why

Morgan Stanley in a note to investors believes that the nascent Metaverse industry in China alone would become an US$8 trillion market in the future. Experts foresee a ‘clean, censored, compliant and crypto-less’ metaverse industry for China. Metaverse–an immersive, online, virtual-reality environment in which users can interact–has been sparking interesting among tech giants around the... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 02/16/2022 19:15 EDT

Samsung advances 6G technology R&D with Keysight

6G technology is already on the agenda for countries like China, the US, Finland, South Korea, and Japan. India, Singapore, and Vietnam have also announced plans to develop 6G technology. And helping these countries achieve the breakthrough in 6G technology is the tech companies. While most big tech companies are focusing on perfecting the private... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 02/16/2022 01:26 EDT

Volocopter to launch commercial air taxi services in Singapore

Volocopter to launch air taxi services in Singapore in 2024.  Seletar Aerospace Park has been selected as the Advanced Air Mobility hub to enable the air taxi ecosystem. Volocopter is also planning cross border travels to Indonesia and Malaysia.  Volocopter, an urban air mobility company will be launching its air taxi services in Singapore in... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 02/16/2022 00:33 EDT

NEC trials quantum computing technologies in maintenance parts delivery

2022 is supposed to be the year whereby quantum technologies use cases begin rolling out in some industries. While the adoption of quantum technologies is still picking up its pace, more industry use cases are being developed to realize the full potential quantum computing can bring. Several quantum computing use cases are now actively being... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 02/15/2022 20:00 EDT

Emerging technologies in retail boost e-Commerce sales

Emerging technologies have been revolutionary to the e-Commerce industry. Not only has emerging technologies enabled the industry to get more insights from their consumers, but it also enabled them to offer more personalized experiences for them. Most e-Commerce platforms today rely on several emerging technologies leveraging AI and the cloud to improve both their performance... Read more » Read more

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 2 place · 02/15/2022 19:30 EDT

Foxconn, Vedanta join hands to manufacture semiconductors in India

According to the MOU signed between the two companies, Vedanta will hold the majority of the equity in the JV, while Foxconn will be the minority shareholder. This first-of-its-kind joint venture between the two companies will support the Indian Prime Minister’s vision to create an ecosystem for semiconductor manufacturing in India. For years, India has... Read more » Read more

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 02/15/2022 19:00 EDT

India bans another 54 apps over security concerns

As the border dispute continues between China and India, tech apps are facing the wrath of the situation. India has banned 54 apps of Chinese origin citing security concerns. The move is the latest volley between New Delhi and Beijing, with tensions between the two running high after a deadly 2020 clash in a disputed... Read more » Read more

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 1 place · 02/15/2022 03:00 EDT

CBDC: Here’s what we know about India’s digital rupee

The central bank digital currency (CBDC), possibly known as digital rupee, will be issued by the Reserve Bank of India (RBI). RBI governor Shaktikanta Das believes the digital rupee will give a “big boost” to the digital economy and will lead to a more efficient, cheaper currency management system. The digital rupee blockchain, being developed... Read more » Read more

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